$TAO Short Setup – Selling pressure is mounting. 📉
Despite the positive narrative floating around, the on-chain data tells a different story. Over the past 24 hours, TAO has experienced sustained net outflows, peaking at a sharp $1.3M hourly exit. This consistent institutional/whale distribution indicates heavy, persistent selling pressure underneath the surface.
The chart structure is starting to align with these outflows, setting up a solid risk-to-reward short opportunity.
Here is the game plan for this setup:
• Entry Zone: 267 – 289
• Stop Loss: 306
• Take Profit 1: 259
• Take Profit 2: 242
• Take Profit 3: 218
Current Ticker Data:
• TAOUSDT (Perp)
• Last Price: 259.49 (-1.76%)
• 24h High: 270.90 / 24h Low: 249.05
The data shows clear distribution, but timing the breakdown is key. Are you building your short positions right within the entry zone, or waiting for a cleaner rejection from local resistance?
Trade
$TAO here 👇 and let us know your execution plan in the comments!
#short #supershort